EGX30 revives from 2 day decline, rises 1.2% on Tuesday

EGX30 revives from 2 day decline, rises 1.2% on Tuesday

Arab Finance: Egyptian stock market revived from 2 days of negative performance, with the main benchmark EGX30 index adding 1.17% to 8181.95 points, the broader EGX70 index advanced 2.2% to 463.51 points, and the EGX100 index rose 1.22% to close at 948.38 points.

Among the volume leaders were Orascom TMT (OTMT), advanced 3.53% to close at LE0.88 and 60 million shares in volume; Amer Group (AMER), rose 2.86% to close at LE1.08 and 31 million shares in volume; United Arab Shipping (UASG) added 0.65% to close at LE 1.54 and 9 million shares in volume; Arabia Investments (AIND) lost by 0.72% to LE 1.37 and 8 million shares in volume and Egyptian Resorts (EGTS), rose 1.82% to close at LE 1.12 and 7 million shares in volume.

Egyptian investors formed 77.39% of today's action; Foreign investors came in second with 12.13%, while Arab Investors made 10.48%.

Egyptian investors were net buyers by LE168 million. Arab and Foreign investors were net sellers by LE120 million and LE48 million respectively.